Nokia to cut 450 jobs worldwide

Finnish mobile phone maker Nokia today said it will reduce its workforce by 450 employees globally to adjust its business operations in tune with falling market demand.

"...About 450 employees globally will be impacted by the plans announced today. Where applicable, Nokia will start consultations with employee representatives about these plans," the firm said in a statement.

Nokia has said that it would provide more opportunities for third party developers and other partners to "create compelling services" for users.

"The planned changes are aimed at improving and simplifying the user experience of Nokia services, increasing opportunities for third party developers and other partners to create compelling services, and accelerating the development of a common platform for Nokia's different service offerings," Nokia's Executive Vice President (Services) Niklas Savander said.

The mobile phone maker would also add a variety of third party partners, such as other image and social networking sites, to the image capture and sharing features on its devices.

"...Many of these changes will also help Nokia to realise cost-efficiencies in a number of areas and will thus streamline operations in many of its Services entities," the statement noted.